I am self anwering myself I guess!... talk about finding answer by myself!
well iMovie HD 6 could not export under osX 10.8.2....
I copied the im6 Project to a laptop with osX 10.6.8... and it exported like a charm!... 45 photos for a total of 9 sec Quicktime file with .05 sec per photo !
Gawd... with all those updates..it's hard to keep up with this stuff!
I understand about the points.. I surely do not worry about that... more than I had to find a solution to my problem ASAP, as my slide show is due tomorrow afternoon. I was trying to get help from all side I could gather it from!
well I used 2 method. I had about 60 photos that I wanted to show in a very fast succession. like 5 frames per photos, for a show of about 8sec. Obviously iphoto, could not export at 5fps, as by defaul the disolve between photos, creates a 1sec per photo... hence60 phots takes about 45sec to show. So I used imovie 6 HD. When I tried to "export" or share with osx 10.8.2, NOTHING would happen. Not even getting a subsequent dialog window. Then I copied my entire imovie6HD, project onto a machine that runs OSX 10.6.8...and imovie was able to export.... Don't ask me why... i simply dunno!
then for the remainder of the slide Show, of the 644photos, I had, I put it all in iphoto 7, and exported from then putting a .5 sec per slide, and with te disolve, I got a 25 minutes show.
Betwen the imovie6Hd export, and the ip7 export, I had to keep the same 640x480 ratio, as I merged theses 2 files together with Quicktime 7 PRO. I did not want to use DV.
Et voila,... I am almost out of the woods now... I simply have to add the music, in sequence with the help of garage band, and will export a 25 minutes mp3, and will merge it to the QT 25 minute slide show file.... and I will be DUNNNNNE!
Thank you all